'If the borrower can't repay the loan due to lack of income or losses from speculative activities, they risk defaulting on it.' 'This could lead to the bank seizing the property.'
He was reviled by critics in his party as a neo-liberal in disguise but till the end, he retained his belief in secularism and the humanity of Communism.
This is Tata's seventh investment this year.
Designing is another critical area for him, especially in the business of furniture.
Tata Trusts have tied up with Google, Intel.
In a significant development that ends the prolonged speculation about the succession in India's leading corporate house Tatas virtually extended the term of group Chairman Ratan Tata till 2012.
In the midst of an ongoing search process to find Ratan Tata's successor to head the country's biggest corporate house, top leaders from the group have heaped lavish praise on his leadership style.
RatanTata is the only Indian among five foreigners to be awarded Britian's civilian honour this year.
In the letter, Tata, who has been appointed Chairman Emeritus and passes on the baton to 44-year-old Cyrus Mistry, told the employees to live by the 'value systems and ethical standards on which our group was founded'.
The Tata Sons' chairman emeritus has been aggressively investing in start-ups, ranging from e-commerce firms to cab aggregators
The music of Prem Ratan Dhan Payo is well done, and seems to be exactly what the filmmaker ordered, writes Aelina Kapoor.
Dismissing adverse comments on Jaguar and Land Rover (JLR) buy, Ratan Tata on Tuesday said the $2.3-billion acquisition of the iconic brands was 'worthwhile' though the subsequent financial crisis posed challenges.
A new leadership is needed to replace the present culture of indifference.
Tata Group Chairman Ratan Tata has been conferred an honorary degree of Doctor of Science by the prestigious engineering institute IIT Kharagpur. The award was given in recognition of Tata's outstanding leadership in globalising India and transforming the Tata group as a formidable corporate entity, a press release issued in Mumbai on Tuesday said. Tata has been the Chairman of Tata Sons since 1991. During his tenure, the group's revenues have grown over $ 50 billion.
Throughout his two-decade long stint as chairman, Tata has never shied away from any adversary or adversity.
Singur was a "great disappointment" but the Tata Group might still go to West Bengal, hints outgoing chairman of the group Ratan Tata.
Says UP misunderstood and underplayed
Ratan Tata says his successor would be in place by middle of the year.
CashKaro.com works with online retailers like Amazon.in, Paytm, Jabong and ShopClues
Tata Motors on Monday commercially launched its people's car, Nano, promising to stick to the Rs 100,000 price tag for the base model.
From politicians to entrepreneurs and change makers, Akash Ambani's wedding had some illustrious guests.
He is not just under attack from his opponent Shiv Chandra Ram of the RJD, but also by his uncle Paras.
They say better late than never. For the Tatas, the original owners of Air India, bringing back the airline to its fold is worth the wait even if the attempt to privatise the bleeding national carrier by successive governments has taken over two decades. While many airlines have come and gone from the Indian skies since the time when the first move was made to privatise Air India to date, the salt-to-software conglomerate has never let the love affair with aviation, more so with Air India that its former chairman Jehangir Ratanji Dadabhoy Tata (JRD) had, to go off the radar. It is said that Tata group executives used to complain in private that JRD -- the pioneer of the Indian aviation industry -- spent more time worrying about Air India than the Tata group when he was heading both the entities.
The Global Indian Award is given to a person who has had an impact on and contributed in some way to the growth of the Indian and global economy.
It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
The 15-member Board of BFA included former Japanese prime minister Yasuo Fukuda, former Malaysian prime minister Abdullah Ahmad Badwai, former Singapore prime minister Goh Chok Tong and former prime minister of France Jean-Pierre Raffarin besides former US Treasury Secretary Henry Paulson.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
In a major victory for Tatas, an arbitral tribunal has awarded Tata Motors a compensation of over Rs 766 crore for the losses incurred because of protests by Trinamool Congress that stalled its small car project at Singur in West Bengal. The tribunal asked the West Bengal government to pay Tata Motors the compensation, along with interest, according to a stock exchange filing by the Mumbai-based auto major on Monday. The company stated that the arbitral tribunal has asked the West Bengal Industrial Development Corp (WBIDC) to pay the company Rs 766 crore compensation, in connection with losses incurred on its manufacturing site in Singur.
The creation of the Nano ranks with major pioneering attempts in manufacturing. It is thus fair to say that Ratan Tata has written himself into the history books.
A shy man, he rarely features in the society glossies, drives himself to work in a Tata car and has lived for years in a book-crammed, dog-filled bachelor flat in Mumbai's Colaba district.
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
Tata has emerged as a major venture capital investor since his retirement.
Tata recalled his first weeks on the Harvard campus as he attended a dedication ceremony of Tata Hall at Harvard Business School in Boston earlier this week.
Ratan Tata says FIPB nod for Tata Sons' new airline with AirAsia reflects investor friendly policies of Indian government.
When his comments on the work ethic of British workers and their unwillingness to work out of hours were widely reported, Ratan Tata quickly distanced himself from the row caused by his remarks.
The skirmish took place in the forest near Mangnar village under Barsur police station limits, he said.
Mitra said that Tata group firm TCS was creating additional 20,000 jobs.
His investment in Paytm is in his personal capacity.
